Skip to content
1 / 38
For saleMLS® N13773790

328 Highway 7 E #25 & #26, Richmond Hill, ON L4B 3P7

Doncrest · L4B 3P7

$480,000

$136 / sq ft

1 months on market

Total area
3,526 sf
0

What's special

  • Plaza garage
  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Excellent Opportunity To Acquire A Well-Established Xiao Long Kan Hot Pot Restaurant In A Prime Richmond Hill Location. Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout. Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept. Located In A Busy, High-Traffic Plaza With A Strong Mix Of Tenants Including RBC, Bank Of China, Bubble Tea Shops, Nail Salon And Other Retail And Service Uses, Generating Consistent Daily Foot Traffic. Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit. Liquor Licence In Place. A Rare Opportunity For An Owner-Operator Or Established Restaurant Group Looking To Expand In One Of Richmond Hill's Most Active Dining Hubs.

Property details

Property

Property type
business
Interior size
3,526 sq ft
Zoning
Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza
Sewer
Sanitary+Storm

Costs

List price
$480,000
Price per sq ft
$136

Listing

MLS® number
N13773790
Status
For sale
Listed
September 11, 2026
Days on market
55
Last updated
September 13, 2026
Listing brokerage
RC BEST CHOICE REALTY CORP

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 84% of comparable business for sale listings in Richmond Hill are asking less.

$29KMedian $198K$584K
This home
$136 / sq ft
Comparable median
$111 / sq ft

Based on 43 comparable active business for sale listings in Richmond Hill. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,000
$24,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,521.30
Estimated monthly
$2,521

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,075
Total due on closing
$6,075

An estimate on the asking price of $480,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RC BEST CHOICE REALTY CORP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$480,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.